🎤 Join our founder group to hear from firms like NEA on What it takes to raise a Series A?

Register
Google Ventures

Google Ventures

Visit website

GV is Alphabet-backed but operates as an autonomous, returns-first multi-stage venture firm investing across technology and life sciences. It is especially active in AI-native, technically differentiated companies and combines long-duration capital with hands-on operating support, while maintaining strict discipline on valuation and price-to-value fit.

Evaluation weights

How much weight this firm places on each dimension. Totals 100%.

Team-led · 30%
Metrics
23%

Revenue, growth, and unit economics

Market
19%

Size, timing, and competitive landscape

Team
30%

Founder experience and execution ability

Product
28%

Differentiation and technical quality

  • Biased toward technically deep founders over purely commercial teams
  • Willing to invest early in frontier technology if the moat is real
  • More flexible on round leadership than many firms
  • Aggressive on category-defining opportunities but conservative on price

Pitch difficulty

How hard it is to get a meeting and close funding from this firm.

Funded / yr
90

Deals closed in a typical year.

Led / yr
33

Rounds led in the last 12 months.

Pitches / yr
~8684

Decks reviewed in a typical year.

Acceptance rate
1.0%

Share of pitches that get funded.

Estimated — public data is not fully disclosed.

Why it's hard
  • Top-tier brand attracts highly competitive deal flow
  • High bar for technical moat and founder quality
  • Invests across many sectors but only in companies with outsized market potential
  • Strict valuation discipline eliminates many otherwise attractive deals

GV sees high deal volume globally, invests over $1 billion annually, and has flexibility across stages and sectors, but it sets a high bar on founder quality, technical differentiation, market scale, and valuation discipline. The combination of brand access, multi-stage capital, and a returns-first mandate means it can choose from the best opportunities and walk away from overpriced deals.

Green flags

What drives a yes for this firm.

  • Exceptional founders with strong technical depth and ambition
  • Clear technical moat or step-change product advantage
  • Large, durable market with strong timing tailwinds
  • Attractive value-to-price ratio relative to stage and company quality
  • Potential for a long-term multi-stage relationship

Red flags

What kills deals and gets a fast no.

  • Pricing the round too aggressively relative to traction or stage
  • Presenting an AI story without real technical differentiation
  • Targeting a market that is too small or too short-lived for venture-scale returns
  • Lack of conviction in the founding team or weak founder-market fit
  • Later-stage metrics that do not support scalability, retention, or category leadership

How to win

Patterns that lead to successful pitches.

  • Lead with the founder's unique technical insight and why this team is uniquely suited to win
  • Show a non-obvious technical moat, not just strong positioning or branding
  • Frame the company as attacking a very large market with durable tailwinds, especially around AI or infrastructure shifts
  • Be explicit about why the current round price offers compelling upside relative to stage and traction
  • Demonstrate openness to a long-term, multi-stage partnership and use of GV's operating platform

Fund strategy & identity

Who they are and how they operate.

  • Invests across Seed, Series A, Series B, Series C, and Growth with flexible ownership targets
  • Backs companies across enterprise, consumer, frontier tech, fintech, and life sciences
  • Uses long-term, single-LP capital to support companies across multiple rounds
  • Applies hard valuation discipline, passing when price does not match stage, quality, or upside
  • Pairs capital with platform resources in design, engineering, marketing, and talent
Firm identity
Autonomous Alphabet-backed financial investorMulti-stage firm investing from Seed through GrowthTechnical-differentiation driven, especially in AI and frontier techLong-horizon partner operating in 'decades, not rounds'Flexible on leading vs. following if it gains access to the best companies

Investment focus

Industries, themes, and typical ARR expectations.

Industries
AI/MLEnterprise SoftwareDeveloper ToolsConsumer InternetOther / GenericFintechHealthcareBiotech & Life Sciences
Investment themes
AI-native software and infrastructureDeveloper tools and enterprise platformsFrontier compute, hardware, and photonicsHealthcare, life sciences, and data-driven clinical platformsFintech infrastructure and regulated-market disruptionConsumer platforms with network effects or exceptional product experience
Typical check by stage
Pre Seed$0.25M-$1M
Seed$1M-$5M
Series A$5M-$15M
Series B$10M-$30M
Series C$15M-$50M
Growth$30M-$100M+
Typical ARR by stage
Seed$0-$1M
Series A$1M-$5M
Series B$5M-$20M
Series C$20M-$50M
Growth$50M+

Investment thesis

Core beliefs and strategy behind their investing approach.

GV is a multi‑stage venture firm that invests across industries with a long‑term orientation—"decades, not rounds." Backed solely by Alphabet, the firm operates autonomously and is financially driven, able to back competitors to Google while giving portfolio companies access to Google talent and technology when useful. Its sector focus spans AI, enterprise, consumer, frontier technology, and life sciences, with roughly 80% of new investments classified as AI‑native. GV maintains a strong life‑sciences practice and looks for ideas that require deep technical differentiation and long‑term capital support. Geographically, GV backs startups in North America, Europe, and Israel, with a dedicated European hub in London and over $1 billion invested in European startups since 2014. The firm’s core belief is that value is created by combining founder empathy, hands‑on company‑building resources (design, engineering, marketing, talent) with selective access to Google’s network. GV targets opportunities that demand multi‑stage relationships and technical moats, while discarding deals where the price does not reflect stage or quality. The firm positions itself as a returns‑first investor rather than a strategic corporate arm, aiming to be a partner of choice irrespective of the eventual acquirer.

Decision patterns

How they evaluate and make investment decisions.

GV places founder quality and technical differentiation at the top of its checklist, weighing market size and timing second, and scrutinizing valuation and price‑to‑value ratio as a hard constraint. Tom Hulme emphasizes that the firm invests purely for financial return and is "relaxed" about leading versus joining syndicates, preferring entry into the best companies over ownership rules. The firm passes on AI deals when the value‑to‑price ratio does not work. Internally, partners are empowered to make convictions with few internal blocks; David Krane notes they invest over a billion dollars a year with high volume. Relationship‑driven conviction is evident in examples like the $10 M Series A in Universe, where GV’s partner joined the board. Early‑stage decisions heavily weight team and product potential, while later stages incorporate traction and scalability, but price discipline remains pivotal. GV favors large, durable markets where AI or other frontier tech creates step‑change opportunities and avoids overpaying when stage, price, or quality misalign.

Risk appetite

GV exhibits a high‑conviction, flexible risk appetite. It is comfortable backing ultra‑early, pre‑revenue life‑science or frontier‑tech ideas as well as writing massive growth checks (e.g., the $257.79 M Uber round). The firm frequently leads seed and Series A rounds but will co‑lead or follow when that maximizes access and outcomes. Its patient‑capital model—backed by a single LP and a long‑term horizon—allows it to take on risk, yet partners stress valuation discipline, explicitly walking away from deals where price does not align with stage or quality. Overall, GV is aggressive in technology bets (especially AI) but remains conservative on pricing, balancing bold platform investments with rigorous value‑to‑price assessment.

Notable investments

Key portfolio companies and why they fit the thesis.

  • Blue Water AutonomyLead
    Frontier defense autonomy leveraging AI perception aligns with GV's AI and frontier-tech conviction. GV led the Series A (Dave Munichiello).
  • Mechanical OrchardLead
    Enterprise modernization platform with AI-forward software migration. GV led the $50M Series B.
  • MetaviewLead
    AI-native hiring platform. GV led the $35M Series B.
  • ComplyanceLead
    Agentic AI for governance, risk and compliance. GV led the $20M Series A (Feb 2026).
  • SambaNovaLead
    AI infrastructure and hardware venture. GV co-led the 2018 $56M Series A with Walden International.
  • EpiBiologicsLead
    Novel extracellular protein degradation platform aligns with GV's life-sciences investment theme.
  • AttioLead
    AI-native CRM; GV led Attio's $52M Series B (Aug 2025).
  • DriverLead
    AI-driven technical documentation tool accelerates enterprise productivity, fitting GV's AI tooling thesis.
  • TranslucentLead
    AI applied to healthcare finance. GV led the $27M Series A (March 2026).
  • Guild.aiLead
    Collaborative intelligence platform aligns with GV's AI apps and developer-tools investment theses.

Co-invested with

Other firms in this catalog who've backed the same companies.

No catalog overlap found yet. Co-investors are derived from each firm's notable investments — connections may surface as more firms are added.

Partners

Full firm roster — key partners, partners, and the wider team.

Key partners
David Krane

David Krane

CEO & Managing Partner

Google Ventures

David Krane is CEO and Managing Partner at GV, where he leads global activities and invests in consumer-focused companies.

ConsumerCross-stage
Dave Munichiello

Dave Munichiello

Managing Partner

Google Ventures

Dave Munichiello is a Managing Partner at GV leading the firm's tech investing team across consumer, enterprise, and frontier areas.

AIConsumerEnterpriseFrontier TechGrowthSeed / Early Stage
Krishna Yeshwant

Krishna Yeshwant

Managing Partner

Google Ventures

Krishna Yeshwant is a Managing Partner at GV and co-leads its life sciences group.

DiagnosticsDrug DiscoveryHealthcareLife Sciences
Tom Hulme

Tom Hulme

Managing Partner

Google Ventures

Tom Hulme is a Managing Partner at GV, head of Europe, and co-lead of the firm's global tech investing team.

AIConsumerEnterpriseFintechScience
Karim Faris

Karim Faris

General Partner

Google Ventures

Karim Faris is a GV general partner investing in enterprise software, analytics, AI, and security. He has been with GV since its inception.

AI/ML infrastructureCybersecurityEnterprise software
Erik Nordlander

Erik Nordlander

General Partner

Google Ventures

Erik Nordlander is a general partner at GV investing in enterprise software and frontier technology. His focus areas include developer tools, cloud infrastructure, and machine learning.

AIEnterprise software
Crystal Huang

Crystal Huang

General Partner

Google Ventures

Crystal Huang is a general partner at GV focused on SaaS, infrastructure, and AI. She has a particular interest in product-led and developer-led adoption strategies.

AI applicationsEnterprise software
Anthony Philippakis

Anthony Philippakis

General Partner

Google Ventures

Anthony Philippakis is a General Partner at GV investing at the intersection of life sciences and machine learning. He is a physician, genomicist, and data scientist with prior cardiology training at Brigham and Women's Hospital.

GenomicsHealthcareLife sciences
Partners
Luna Schmid

Luna Schmid

Partner

Google Ventures

London-based GV partner investing in enterprise, consumer, and AI technology companies.

Artificial intelligenceConsumerEnterpriseEuropean technologyGrowth investingSeed investing
Elena Sakach

Elena Sakach

Partner

Google Ventures

GV partner investing across fintech, software, and AI from the San Francisco office.

Artificial intelligenceFintechGrowth investingPublic marketsSoftware
Brendan Bulik-Sullivan

Brendan Bulik-Sullivan

General Partner

Google Ventures

GV life sciences general partner with a statistical genetics and ML background.

BiotechDiagnosticsLife sciencesMachine learningStatistical geneticsTherapeutics
Michael McBride

Michael McBride

General Partner

Google Ventures

GV general partner backing enterprise, open-source, and AI startups after operating roles at GitLab and Meraki.

Artificial intelligenceEnterpriseFrontier technologyGo-to-marketOpen-source softwareProduct-led growth
Karthik Ardhanareeswaran

Karthik Ardhanareeswaran

Partner

Google Ventures

GV life sciences partner with prior quant finance and bioinformatics research experience.

BioinformaticsBiotechLife sciencesNeurodevelopmental disordersNeuropsychiatric disorders
Sherry Chao

Sherry Chao

Partner

Google Ventures

GV life sciences partner with Goldman Sachs and Broad Institute experience.

BiotechComputational biologyHealthcareLife sciences
Vidu Shanmugarajah

Vidu Shanmugarajah

General Partner

Google Ventures

London-based GV general partner backing early-stage technology startups.

AIEarly-stage technologyEnterprise softwareEuropean startupsLegal technology
Issi Rozen

Issi Rozen

General Partner

Google Ventures

GV life sciences general partner focused on biotech company formation and early-stage investing.

Biotech company formationEarly-stage investingLife sciencesStrategic alliancesTherapeutics
Ben Robbins

Ben Robbins

General Partner

Google Ventures

GV general partner investing in healthcare delivery and neuropsychiatric therapeutics.

Digital healthHealthcare deliveryHealthcare servicesMental healthNeuropsychiatric therapeutics
Sangeen Zeb

Sangeen Zeb

General Partner

Google Ventures

GV general partner focused on AI and enterprise investments.

AIEarly-stage startupsEnterprise softwareGrowth-stage startups
FD

Frederique Dame

General Partner

Google Ventures

General Partner at GV investing across consumer, AI, life sciences, and women’s health after product leadership roles at Uber and Yahoo.

AIConsumerGrowthLife SciencesSeed / Early StageWomen's health
David Schenkein, MD

David Schenkein, MD

General Partner

Google Ventures

GV life sciences general partner and physician-investor focused on therapeutics and healthcare innovation.

Care deliveryDiagnosticsLife sciencesMedical devicesPayer innovationTherapeutics
Team
Rishi Modi

Rishi Modi

Associate

Google Ventures

GV associate investing across AI applications and infrastructure.

AI applicationsAI infrastructureGrowth stageSeed stageTechnology banking
Anika Gupta Vatsa, PhD

Anika Gupta Vatsa, PhD

Principal

Google Ventures

GV principal investing in biotech companies developing new medicines.

BiotechGenomicsGrowth stageLife sciencesNew medicinesSeed stage
Mounisha Anumolu

Mounisha Anumolu

Associate

Google Ventures

New York-based GV associate focused on AI investments.

AIEnterprise softwareFinTechGrowth stageSeed stage

Public voice

Notable statements and public positions.

  • “GV operates on long time horizons and deals in decades, not rounds.”
  • “Our partnership conversations center not around deals or funding rounds, but around the highest‑potential humans we meet each week. We seek out the most curious and impactful people across tech – and then build long‑lasting relationships of trust and respect.”
  • “No question: we’re early… This is a pitch clock that we’ve never seen before. This game is moving incredibly quickly, for better and for worse.”

Similar firms

Firms with overlapping stage and industry focus.

Thrive Capital

Thrive Capital

0.3%
Team-led ·6 stages
Thrive Capital is a stage-agnostic, high-conviction venture firm that backs technology companies it believes can define or dominate very large categories. The firm is known for concentrated ownership, long-duration underwriting, and a willingness to lead both early frontier-tech rounds and massive later-stage financings behind exceptional founders.
AI/MLBiotech & Life SciencesCloud InfrastructureConsumer InternetDefense & AerospaceDeveloper ToolsDigital HealthEnterprise SoftwareFintechHealthcareMedia & EntertainmentSpace Tech
Bessemer Venture Partners

Bessemer Venture Partners

0.2%
Market-led ·6 stages
Bessemer Venture Partners is a global, multi-stage venture firm that backs founders from pre-seed through growth with a strong bias toward enduring, public-scale technology companies. The firm is especially identified with cloud/SaaS, developer platforms, vertical software, and AI application-layer investing, using deep sector roadmaps and ARR-centric operating benchmarks to underwrite category leaders.
AI/MLBiotech & Life SciencesCloud InfrastructureConsumer InternetCybersecurityData InfrastructureDefense & AerospaceDeveloper ToolsEnterprise SoftwareFintechHealthcareMarketplacesVertical SaaS
Lightspeed Venture Partners

Lightspeed Venture Partners

0.8%
Team-led ·6 stages
Lightspeed Venture Partners is a global, lead-oriented venture platform that backs category-defining companies from Pre-Seed through Growth, with especially strong conviction in AI, enterprise infrastructure, fintech, consumer platforms, and health/bio. The firm combines thesis-driven early investing with the capacity to write very large follow-on checks, aiming to support winners from first check to IPO through deep operating partnership and long-duration capital.
AI/MLBiotech & Life SciencesCloud InfrastructureConsumer InternetCybersecurityDeveloper ToolsDigital HealthEnterprise SoftwareFintechHealthcare
Upfront Ventures

Upfront Ventures

0.3%
Team-led ·6 stages
Upfront Ventures is an early-stage venture firm that leads and partners deeply from Pre-Seed through Series A, then follows breakout companies with growth capital. The firm is especially known for a board-centric, company-building style, strong Southern California presence, and unusually founder-weighted underwriting driven by domain expertise, grit, and evidence of progress over time.
AI/MLBiotech & Life SciencesClimate & EnergyCommerceConsumer InternetDefense & AerospaceDeveloper ToolsEnterprise SoftwareFintechGamingHealthcareIndustrial TechMarketplaces